Insurance Regulatory Analyst II

Insurance • Wake County, NC

20h • Hybrid

About The Position

The mission of the North Carolina Department of Insurance is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect. Our agency licenses insurance agents, adjusters, bail bondsmen and more, along with investigating fraud matters involving insurance consumers and any entity or individual regulated by the Department. In an ever-changing environment, it is the vision of the Department of Insurance to maintain the stabilization of the insurance industry in order to provide more products, competitive prices and consumer protection. Salary Recruitment Range: $67,122- $67,122 Salary Grade: NC19 The posting will close at 11:59 p.m. the night before the closing date. This position currently qualifies for a hybrid telework option with routine office and up to one remote workday per week. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management. Primary Purpose of the Position: The primary purpose of the position is to examine P&C, L&H, and Managed Care (HMO/PPO) insurers that offer commercial and private passenger automobile coverages, homeowner coverage, commercial coverage, worker’s compensation coverage, life coverage, and accident and health coverage, etc. through the examination of underwriting practices and claims records. The Senior Examiners will assist the Examiner-In-Charge in coordinating examination efforts with company officials. This position will assist in coordinating all travel arrangements; assist Examiner-In-Charge with the pre-examination conference, and examination wrap-up conference. This position will also assist with the training of Examiner I personnel. This position may be required to conduct the examinations on-site at the company’s offices. As such, the examiner may be required to travel.

Requirements

• Bachelor's degree in business or economics or a related program from an appropriately accredited institution and four years of experience in policy and rate examinations, underwriting, claims adjusting work, or financial/marketing analysis; or an equivalent combination of education and experience.

Nice To Haves

• Considerable knowledge of insurance principles and practices and department regulation.
• Considerable knowledge of managed care concepts and terminology.
• Considerable knowledge of medical/health claims processing.

Responsibilities

• Examine P&C, L&H, and Managed Care (HMO/PPO) insurers that offer commercial and private passenger automobile coverages, homeowner coverage, commercial coverage, worker’s compensation coverage, life coverage, and accident and health coverage, etc. through the examination of underwriting practices and claims records.
• Assist the Examiner-In-Charge in coordinating examination efforts with company officials.
• Assist in coordinating all travel arrangements.
• Assist Examiner-In-Charge with the pre-examination conference, and examination wrap-up conference.
• Assist with the training of Examiner I personnel.
• Conduct examinations on-site at the company’s offices.
• Travel may be required.

Benefits

• 12 Annual paid Holidays
• North Carolina State Health Plan administered by AETNA
• Supplemental Benefits including: Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision
• NC State Retirement (TSERS)
• WeSave Employee Discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees